Survey List - INTRODUCTORY BIC X Wiley Plus Instructions - PRIN OF X Ma Chapter 2 Homework WP Assessment Payer Wassessment-player/index.html?launchid=f8975319-2827-4e2d-abbc-fbcc3daac236+/question/5 -75 Question 6 of 6 View Policies Current Attempt in Progress Selected financial data of two competitors, Target and Wal-Mart, are presented here. (All dollars are in millions.) Suppose the data were taken from the 2022 financial statements of each company. Net sales Cost of goods sold Selling and administrative expenses Interest expense Other income Income taxes Net income Target Wal-Mart (1/31/22) (1/31/22) Income Statement Data for Year $60,000 $404,000 39.000 282.800 14.400 68,680 600 2,020 20 4,000 2.107 19.075 $3,913 $ 35,425 Current assets Noncurrent assets Total assets Current liabilities Long-term liabilities Total stockholders' equity Total liabilities and stockholders' equity Target Wal-Mart Balance Sheet Data (End of Year) $13.500 $36,400 24.000 110,000 $37.500 $146,400 $9.000 $ 52,000 16,500 28.520 12.000 65,880 $37,500 $146,400 Net cash provided by operating activities Cash paid for capital expenditures Dividends declared and paid on common stock $4,400 $3.200 $420 $23,000 $11.300 $3,400 Lehto iti Question 6 of 6 -/5 E LUCTUS UU Total stockholders' equity Total liabilities and stockholders' equity 12,000 $37,500 65,880 $146,400 Net cash provided by operating activities Cash paid for capital expenditures Dividends declared and paid on common stock Weighted average common shares outstanding (millions) $4,400 $3,200 $420 860 $23,000 $11,300 $3,400 6,500 For each company, compute these values and ratios. (All dollars are in millions.) (Round Current ratio and Earnings per share to 2 decimal places, es. 15.25 and Debt to assets ratio to 1 decimal place, eg. 78.9%. If answer is negative enter it with a negative sin preceding the number e.g.-15,000 or in parentheses es. (15,0001) Target Wal-Mart $ $ (a) Working capital :1 :1 (b) Current ratio % (c) Debt to assets ratio $ (d) Free cash flow $ S $ (e) Earnings per share (f) Which company has better liquidity? Which company has better solvency? e Textbook and Media Attempts: 0 of 10 used Suit Answer Save for Later Question 6 of 6